Who We Are
CPG Capital principals Candy Munster, Chase Munster, Preston Munster, and Grant Robinson founded CPG Development in 2017 and have designed, built, and operated over 2,000 multifamily units. As its development pipeline neared an end, CPG decided to scale its experience built as sponsor by underwriting and investing in projects similar to the ones it built its name on. CPG Capital was born.
Through CPG’s extensive firsthand experience in designing, financing, constructing, and operating multifamily properties, including expertise in various HUD loan programs, CPG Capital aims to provide lower-risk, higher-reward opportunities to relatively patient investors seeking exposure to multifamily development projects.
CPG Capital leverages its experience to select qualified development sponsors and provide practical and strategic oversight throughout the development process to both maximize returns for investors and provide “smart capital” for sponsors.
Meet the Team
Preston Munster is a principal of CPG Capital and effectively serves as the firm’s CFO. Preston oversees all financial modeling, tax/audit relationships, and fund administration. As a sponsor with CPG Development, Preston developed all financial models, managed capital relationships, and worked hand-in-hand with MAP lenders for HUD financing. Prior to CPG, Preston practiced commercial real estate law at Jackson Walker. Preston has a wife, Jamee, and two sons, Walker and Miller. He’s an avid fisherman and responsible casino enthusiast.
Grant Robinson is a principal of CPG Capital and is primarily responsible for managing sponsor relationships. As a sponsor with CPG Development, Grant oversaw all municipal entitlements, project design, and construction. Grant and Preston also oversaw all legal matters, including the HUD loan process, construction contracts, zoning cases, and dispute resolution. Prior to CPG, Grant practiced commercial real estate law at Jackson Walker. Grant plays way too much golf to be a 12 handicap, loves fishing, and enjoys traveling with his wife, Claire.
Chase Munster is a principal of CPG Capital and, along with Grant, manages sponsor relationships. As a sponsor with CPG Development, Chase oversaw construction completion, lease up, and asset management. Chase worked daily with property management teams to ensure that properties ran efficiently and challenges were being met with effective solutions. Prior to CPG, Chase was a project manager at a Fortune 500 Company managing hundreds of projects and personnel. When not busy managing properties, Chase and his wife, Kris, are managing their ranch, hunting, and fishing.
Candy Munster is a principal of CPG Capital and spends her time managing Chase, Preston, Grant, investors, and sponsors. As a sponsor with CPG Development, Candy oversaw interior design and construction. Candy’s experience in multifamily goes back to the 1980s when her parents developed and operated a HUD Section 8 apartment complex in New Mexico. Since then, Candy has been involved in all areas of design, construction, and operation of single and multifamily housing. Candy enjoys skiing, traveling, and spending as much time as she can with her grandchildren and grandanimals.